The World Bank. The institution
and its power. Opening up new markets for
transnational corporations. Pressuring less
developed countries governments to improve the
legal privileges for foreign investment.
Marketing long-term "structural adjustment"
policies.
The International Monetary Fund.
The institution and its power. Lender of last
resort for deficit on the current account of
balance of payments. The foreign debt. Opening
up new markets for transnational corporations.
Imposing short-term "structural adjustment"
policies.
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See "The World Bank and the International Monetary Fund", notes by
Róbinson Rojas Sandford
see R.Rojas Sandford: The IMF. Effects on strategies for development
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